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Indian stock market daily closing report (March 09, 2010)

Contributed by Nirmal Bang

By Nirmal Bang

Markets remained week throughout the day and ended in red. Sensex heavyweight Reliance Ind which closed at Rs 990.2 down 1.5%. The Sensex closed at 17,053 down 50 points or .29% and Nifty shut at 5,102 down 23 points or .44%. Nifty March future ended at 8.4 points discount. The breadth remained week and the markets reported low total turnover of Rs 73,021 cr.

Among the Realty, Hdil was down 2.34%, Dlf was down 1.7% and Unitech was down by .66%.

In Banking stocks, HDFC Bank up 1.75%, ICICI Bank up .22%, , SBI Bank down by 1.28% and Kotak Bank down by 1.77%.

Auto stocks saw profit booking, Tata motors down by 3.24%, Herohonda down 2.03% and Bajaj Auto down 2.%

In the metal space, Hindalco down by 2.56%, SAIL down by 1.48%, Jindal St Power was down 1.14% and Tatasteel was down by 1.29%.

Among the oil & gas space, Reliance Ind was down by 1.5% Ongc was down by .57% and Gail was down by 1.03%.

Among the Sensex gainers, Hdfc was up 2.13%, Hdfc Bank was up 1.75%, Maruti was up 1.52% and Sun Pharma was up 1.32%.

While the losers were JP Associate down 3.4%, Tata motors down 3.24% and Hindalco down 2.56%